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The Coindeal exchange introduces a cryptocurrency payment card
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The Coindeal exchange introduces a cryptocurrency payment card

created Michał SielskiJanuary 29 2020

Free payment card for the first 50 thousand. customers and much easier and cheaper deposits of the most popular traditional currencies - these are the most important changes that have been introduced recently Coindeal exchange.

Coindeal Exchange to cryptocurrency market founded by Poles: Kajetan Maćkowiak and Adam Bicz. Since 2018, it has been developing dynamically, the users themselves - by voting - choose new cryptocurrencies that are introduced to trading, and the company is gaining more and more customers, not only thanks to a good offer, but also bold marketing. Coindeal is the sponsor of football team from the Premier League - Wolverhampton Wanderers.


UPDATE: COINDEAL EXCHANGE ENDS OPERATION ON FEBRUARY 19, 2023


Coindeal exchange with its own crypto card (!)

The most important novelty that is sure to electrify cryptocurrency enthusiasts is the introduction of a payment card. However, this is not an ordinary card, as we have several in our wallet - payment, credit or currency. It's a… cryptocurrency card.

“We want to enable you to make crypto payments anywhere in the world. Pay for pizza, rolls in the store or water with our card. You can do now. The card is free for the first 50.000 users who place an order " - we read in the Coindeal stock exchange announcement.

More and more companies are introducing the option of paying with cryptocurrencies. First, they were small enterprises whose owners believe in the development of the cryptocurrency market and want to support it to the best of their abilities. However, we are also increasingly hearing about large companies that are opening up to cryptocurrencies. Of the world giants, Burger King is the most courageous. For giving this network cryptocurrencies (not only Bitcoin) can already pay in some restaurants in Slovenia and Venezuela. However, as you know, the market is developing rapidly and sooner or later the card will not only be a gadget that you can show off in the company, but also make your life easier - especially since it is free.

Fiat currency payments with one transfer

Another important change concerns deposits. Usually, in any cryptocurrency exchange it is a smaller or bigger problem. Especially for people who have not used alternative payment methods so far. Now you will be able to transfer British Pounds (GBP) to your Coindeal subaccount directly from your bank account via a regular transfer. The second option will be Neteller, which you can deposit Polish zlotys, but also euros, dollars and pounds.

Safety first

In the era of the "arms race" with hackers who tirelessly attack the world's largest cryptocurrency exchanges, Coindeal focuses on cooperation with Coinfirm, which is considered the world leader in Blockchain at RegTech. As a result, customer funds are secured in the best possible way.

"The AML / CTF platform uses proprietary algorithms and analysis of large amounts of data to ensure their order, which solves problems related to compliance and risk of transactions in blockchains and cryptocurrencies. Coinfirm has over 2100 supported cryptocurrencies including BTC, ETH, ERC20, Dash, NEO, Hyperledger, LTC, and more recently XRP. Their AML solutions are used by over 130 different companies, ranging from exchanges to large financial institutions " - highlights Coindeal.

Coindeal it also gives users the option of reporting suspicious addresses. They can also place neutral and trusted addresses on a special list. This verification already at the outset indicates which users should be looked at more closely, which protects against fraud and scams.

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About the Author
Michał Sielski
Professional journalist for over 20 years. He worked, among others, in Gazeta Wyborcza, recently associated with the largest regional portal - Trojmiasto.pl. He has been present on the financial market for 18 years, he started on the Warsaw Stock Exchange when the shares of PKN Orlen and TP SA were just being introduced to the market. Recently, his investment focus has been exclusively on the Forex market. Privately, he is a parachutist, a lover of Polish mountains and a Polish karate champion.